The country analysis report on Russia provides a wide array of analytical inputs to analyze the country’s performance, and the objective is to help the reader to make business decisions and prepare for the future. The report on Russia analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure of Russia. The report provides a holistic view of Russia from historical, current and future perspective. Insightful analysis on critical current and future issues is presented through detailed SCPT (strengths, challenges, prospects and threats /risks) analysis for each of the PESTLE segments. In addition, the PESTLE segments are supplemented with relevant quantitative data to support trend analysis. The PESTLE country analysis report series provides an in-depth analysis of 50 major countries.

Features and Benefits

Understanding gained from the country analysis report on Russia can be used to plan business investments or market entry apart from a holistic view of the country.

Political section on Russia provides inputs about the political system, key figures in the country, and governance indicators.

Economic section on Russia outlines the economic story of the country to provide a balanced assessment on core macro-economic issues.

Social section on Russia enables understanding of customer demographics through the income distribution, rural-urban segmentation and centres of affluence, healthcare and educational scenario in the country.

Legal section on Russia provides information about the legal structure, corporate laws, business set-up procedures and the tax regime.

Environmental section provides information on environmental policies in Russia and the performance in terms of important environmental indicators.

Highlights

PESTLE analysis of Russia identifies issues that affect the country’s performance through the prism of current strengths (strengths), current challenges (weaknesses), future prospects (opportunities) and future risks (threats).

The political landscape discusses the evolution of the political scenario in Russia in different periods. The economic, social, foreign and defence policies are considered in the political landscape section. It also discusses the performance of the country as per World Bank Governance Indicators.

The economic landscape describes the evolution of the economy of Russia in different periods. It also examines the country’s performance in terms of GDP growth, composition by sector (agriculture, industry and services), fiscal situation, international investment position, monetary situation, credit disbursement, banking sector and employment. The economic landscape also explains the financial system in the country, especially with regard to financial authorities/regulators.

The social landscape covers the demographics, education and healthcare scenario in Russia. The social welfare policies of the government along with the country’s performance in terms of healthcare, income distribution and education are also provided.

The technological landscape discusses the structure and policies in terms of Intellectual property, research & development, technology agreements/pacts; and policies related to the promotion of technology in Russia.

The environmental landscape in Russia discusses the environmental regulations and policies of the country. The performance of the country in terms of in terms of environmental indicators and impact of environmental policies is also examined.

'During 1992–96 – the first five years after Soviet rule – Russia’s GDP suffered due to the sudden transition in economic policies. GDP fell at a rate of 14.2% in 1992, and this negative trend continued up until 1998. Another factor contributing to this downward trend was the economic crisis of 1997–98. However, once the crisis had been resolved GDP began to expand, with a 5.7% growth rate recorded in 1999, a trend which continued until 2006. The major factors behind this rise were rapidly expanding oil and gas sales, government tax reforms, and improved investor confidence. During 1999–2007, the country had one of the highest growth rates, reaching around 8% in 2007. However, the global economic slowdown had an adverse affect on the nation, and since then the Russian economy has been on a downward trend. In 2008, the economy recorded a much lower growth rate of 5.2%, while in 2009 the economy contracted by 7.9%, before recovering in 2010, registering growth of 3.9%.'

Your key questions answered

What is the outlook in terms of political stability, policies towards businesses, external front and popularity of government in Russia?

What is the economic performance of Russia in terms of GDP growth, fiscal situation, international investment position, monetary situation, credit disbursement, and employment among other economic indicators?

What is the performance of Russia in terms of healthcare, income distribution and education?

What is the performance of Russia in technology intensive sectors like telecommunications and information technology, patents and R&D expenditure trends?

What is the legal structure in Russia and are the laws conducive for investment?

What is the performance of Russia in terms of environmental indicators and impact of environmental policies?